Atb Cap Markets Has Negative Outlook for PBA FY2025 Earnings

Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - Investment analysts at Atb Cap Markets lowered their FY2025 earnings estimates for shares of Pembina Pipeline in a research report issued on Wednesday, November 6th. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will post earnings per share of $2.26 for the year, down from their previous estimate of $2.42. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.29 per share. Atb Cap Markets also issued estimates for Pembina Pipeline's FY2026 earnings at $2.42 EPS.

A number of other research analysts have also recently issued reports on PBA. Raymond James initiated coverage on shares of Pembina Pipeline in a research note on Friday, October 11th. They issued an "outperform" rating on the stock. UBS Group initiated coverage on shares of Pembina Pipeline in a research note on Wednesday, September 11th. They set a "neutral" rating on the stock. Finally, Citigroup boosted their target price on shares of Pembina Pipeline from $53.00 to $56.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 28th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Pembina Pipeline has a consensus rating of "Hold" and an average target price of $56.50.

Pembina Pipeline Price Performance

Shares of NYSE PBA traded up $0.43 during midday trading on Monday, reaching $41.40. The company's stock had a trading volume of 540,787 shares, compared to its average volume of 1,114,008. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.55 and a current ratio of 0.65. Pembina Pipeline has a fifty-two week low of $31.51 and a fifty-two week high of $43.44. The business's 50 day moving average price is $41.63 and its two-hundred day moving average price is $38.90. The company has a market cap of $24.03 billion, a P/E ratio of 16.93 and a beta of 1.25.

Pembina Pipeline (NYSE:PBA - Get Free Report) TSE: PPL last issued its quarterly earnings data on Thursday, August 8th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.21. Pembina Pipeline had a net margin of 25.39% and a return on equity of 13.62%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the business posted $0.45 earnings per share. The business's revenue for the quarter was up 30.5% compared to the same quarter last year.

Pembina Pipeline Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.69 dividend. This is a positive change from Pembina Pipeline's previous quarterly dividend of $0.50. The ex-dividend date is Monday, December 16th. This represents a $2.76 annualized dividend and a yield of 6.67%. Pembina Pipeline's payout ratio is presently 84.30%.

Hedge Funds Weigh In On Pembina Pipeline

Institutional investors have recently made changes to their positions in the stock. CENTRAL TRUST Co increased its position in shares of Pembina Pipeline by 65.0% during the third quarter. CENTRAL TRUST Co now owns 825 shares of the pipeline company's stock worth $34,000 after acquiring an additional 325 shares in the last quarter. Granite Group Advisors LLC boosted its stake in Pembina Pipeline by 5.2% in the first quarter. Granite Group Advisors LLC now owns 6,719 shares of the pipeline company's stock valued at $237,000 after acquiring an additional 330 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Pembina Pipeline by 1.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 18,675 shares of the pipeline company's stock valued at $770,000 after acquiring an additional 334 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Pembina Pipeline by 30.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,668 shares of the pipeline company's stock valued at $65,000 after acquiring an additional 387 shares during the last quarter. Finally, Gold Investment Management Ltd. lifted its stake in shares of Pembina Pipeline by 4.2% during the 3rd quarter. Gold Investment Management Ltd. now owns 11,001 shares of the pipeline company's stock valued at $453,000 after buying an additional 439 shares in the last quarter. Institutional investors and hedge funds own 55.37% of the company's stock.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.